Damaged Building(s) definition
Damaged Building(s) means any building, shed, fence, dock, boat lift, or other manmade structure or debris which has been damaged by fire, decay or other cause to the extent of fifty percent (50%) of its value.
Examples of Damaged Building(s) in a sentence
Should Landlord elect not to repair the damage for one of the preceding reasons, Landlord shall so notify Tenant in writing within sixty (60) days after the damage occurs and this Lease shall terminate with respect to the Damaged Building(s) only as of the date of that notice.
To the extent space is available in Landlord’s portfolio to satisfy Tenant’s temporary space requirements during any period of restoration of any Damaged Building(s), Landlord shall make such space available to Tenant at a fair market rental rate.